Jeffrey A Howard, President & CEO at Atlanticus Holdings (NASDAQ:ATLC), reported a large exercise of company stock options on September 8, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Friday showed that Howard, President & CEO at Atlanticus Holdings, a company in the Financials sector, just exercised stock options worth 500,000 shares of ATLC stock with an exercise price of $6.0.
Atlanticus Holdings shares are trading down 0.98% at $32.3 at the time of this writing on Friday morning. Since the current price is $32.3, this makes Howard's 500,000 shares worth $16,150,000.